Deals
Samsung Electronics Rejects Speculation It May Buy WebOS
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Samsung Electronics Co., the world’s second-largest maker of mobile phones, rejected speculation it may buy Hewlett-Packard Co.’s WebOS software used in handsets and tablet computers.
The South Korean company will “never” pursue such a deal, Chief Executive Officer Choi Gee Sung said in Berlin, where he’s attending the IFA consumer electronics fair. The comment, made to reporters in response to questions about analysts’ speculation of a possible purchase, was confirmed by Nam Ki Yung, a spokesman for Samsung in Seoul.